Logo image of SCO

PROSHARES ULTRASHORT BLOOMBE (SCO) Stock Technical Analysis

NYSEARCA:SCO - NYSE Arca - US74347Y7976 - ETF - Currency: USD

22.36  +0.82 (+3.81%)

Technical Rating and Analysis

9

Overall SCO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SCO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
SCO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so SCO slightly outperforms the market at the moment.
SCO has an average volume of 1423560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SCO is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SCO has a been trading in the 19.33 - 24.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PROSHARES ULTRASHORT BLOOMBE / SCO Weekly stock chart
PROSHARES ULTRASHORT BLOOMBE / SCO Daily stock chart
Setup Rating and Analysis

4

Although SCO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

14.82

23.22

5 important support areas can be observed.

  • Support @22.07 from a horizontal line in the weekly time frame.
  • A support zone ranging from 19.33 to 19.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.40 from a trend line in the daily time frame.
  • Support @16.81 from a trend line in the daily time frame.
  • Support @14.97 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @22.99 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.61
Mansfield2.3
10 Day High23.33
10 Day Low19.56
20 Day High24.52
20 Day Low19.33
52 Week High24.52
52 Week Low14.6
Performance
1 Week1.8%
2 Weeks9.12%
1 Month2.33%
3 Month27.31%
6 Month22.04%
12 Month27.08%
2 Year-25.54%
3 Year2.62%
5 Year-95.38%
10 Year-96.14%
15 Year-97.2%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)55.68
LBB18.71
UBB23.12
PROSHARES ULTRASHORT BLOOMBE / SCO Daily stock chart

PROSHARES ULTRASHORT BLOOMBE

NYSEARCA:SCO (5/7/2025, 3:28:04 PM)

22.36

+0.82 (+3.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.81%
1 Week1.8%
2 Weeks9.12%
1 Month2.33%
3 Month27.31%
6 Month22.04%
12 Month27.08%
2 Year-25.54%
3 Year2.62%
5 Year-95.38%
10 Year-96.14%
15 Year-97.2%
Volatility
ATR(14)1.04
ATR(20)%5.96%
ATR Inc72.6%
Range Today0.77
ADR(20)1.06
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.61
Mansfield2.3
10 Day High23.33
10 Day Low19.56
20 Day High24.52
20 Day Low19.33
52 Week High24.52
52 Week Low14.6
CS1 End19.63
CR1 Start22.07
Volume & EV
DER(3)-0.97%
DER(5)-2.64%
Volume1.52M
Volume Incr-6.07%
Vol(5)1.74M
Vol(50)1.42M